ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

What about local government and finance?

Updated on May 29, 2015

Focusing on the Euros


Have you ever asked yourself financial questions about your town? How much of the money flowing in are currently spent on the administration itself? That's the basic question one should answer. If you cannot doing it very truly that means the level of transparency is insufficient. And one can answer by simply checking out public financial documents. Balance sheet item we are talking about goes under the name General functions of administration, management and checks. More specific services are called usually Institutional organs, general secretary, staff and organisation. Economic management, finance, budgeting, reporting. Managing tax revenues and fiscal services. Managing public goods and properties.

Comparing some local administrations


Balance sheet of the the Siena Municipality showed a proportion between 19 millions of financial related services and 142 millions of total expenses, that is to say 123 millions remaining. Florence has got a different proportion; because its billion of annual expenses is made up just by 4% of internal financial related services. That's regarding 2014 data, but it shows a lasting phenomenon. A phenomenon by which the smallest is the city, the highest is the proportion between internal administrative expenses and its total. That's the exact cause of some recent proposals on some public institutions unification. Moreover big administrations show a more frequent practice of external consultancies. Small administrations are a cost, as their taxes are rising and their debts have often to be repaid by the central government. Consultancies by private companies seems to be the future, as they are a flexible and effective tool for politicians; in the long term concurrency between private consultants can generate a better comparison between service outcomes and expenses.

Tuscany region expenses


Enrico Rossi, president of Tuscany Region, Italy

"Toscana Regione sana e con conti in ordine"
"Toscana Regione sana e con conti in ordine" | Source

And what about the regions? Last year Tuscany region took into account 1,7 billions of its 14 billions budget to be spent in the administration itself. Other field of this budget are going to fund Social works, land improvement, culture, environment and to support the private economy. After the last check by the national financial court, one of its members Gaetano D'Auria judged the expenses to be balanced and the debts to be moderate. President Rossi answered as follows.

"We are living – Rossi said – difficult years in which our budget is reduced by 25%, expenses to be reduced at least per 1,5 billions and public health is passing from 80 to 60% of regional expense".

"Tuscany region is sound, its counts too"

Moreover part of the regional debts is due to support private enterprises. Getting some credit by the region nowadays is more simple and requires less guarantees than getting it from a bank, in some cases. That is the triumph of government, just because enterprises are both financed and taxed by the region as a public body, there is in fact a specific tax which income goes directly to region's cash, called Irap.


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)